Ridgecrest Wealth Partners LLC Reduces Stock Position in Invesco QQQ $QQQ

Key Points

• Ridgecrest Wealth Partners reduced its Invesco QQQ holding by 63.4% in Q4, selling 2,746 shares and leaving 1,587 shares worth about $975,000.
• Other institutional activity included True North Advisors buying a new stake of approximately $5,819,000, several advisers modestly increasing positions, and institutions/hedge funds now owning 44.58% of QQQ.
• QQQ recently opened at $611.07 (50-day MA ~$599.35, 200-day MA ~$609.35, 12‑month range $427.93–$637.01) and paid a quarterly dividend of $0.7328 ($2.93 annualized, ~0.5% yield) on March 27.

Ridgecrest Wealth Partners LLC reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 63.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,587 shares of the exchange traded fund's stock after selling 2,746 shares during the quarter. Ridgecrest Wealth Partners LLC's holdings in Invesco QQQ were worth $975,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Nautilus Advisors LLC lifted its stake in shares of Invesco QQQ by 12.3% during the 4th quarter. Nautilus Advisors LLC now owns 1,514 shares of the exchange traded fund's stock valued at $930,000 after buying an additional 166 shares in the last quarter. Granite Harbor Advisors Inc. lifted its stake in shares of Invesco QQQ by 1.3% during the 4th quarter. Granite Harbor Advisors Inc. now owns 34,312 shares of the exchange traded fund's stock valued at $21,078,000 after buying an additional 451 shares in the last quarter. Cascade Investment Group Inc. lifted its stake in shares of Invesco QQQ by 4.6% during the 4th quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund's stock valued at $238,000 after buying an additional 17 shares in the last quarter. True North Advisors LLC purchased a new stake in shares of Invesco QQQ during the 4th quarter valued at approximately $5,819,000. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC lifted its stake in shares of Invesco QQQ by 1.2% during the 4th quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 9,729 shares of the exchange traded fund's stock valued at $5,977,000 after buying an additional 113 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $611.07 on Friday. The firm's 50 day moving average is $599.35 and its 200 day moving average is $609.35. Invesco QQQ has a 12 month low of $427.93 and a 12 month high of $637.01.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: Pre-market coverage notes QQQ is inching higher as traders favor Nasdaq names on continued momentum and rotation into megacap tech. Why Is Invesco QQQ Trust ETF (QQQ) Inching Higher Today, 4/10/2026?
• Positive Sentiment: Technical and breadth signals alongside insider buying and bullish analyst calls are painting a constructive near-term picture for US equities, supporting QQQ demand. 3 Key Signals Paint a Bullish Picture for US Stocks
• Positive Sentiment: Ceasefire hopes in the Middle East helped lift risk assets across the board, with Nasdaq/QQQ among the stronger index ETFs on the rally. Stocks Finish Sharply Higher on US-Iran Ceasefire
• Neutral Sentiment: Investor sentiment surveys show reduced pessimism, which can support continued flows into growth ETFs like QQQ but is not a direct catalyst. AAII Sentiment Survey: Pessimism Retreats
• Neutral Sentiment: Educational and index reviews put recent gains in historical context; useful for positioning but less likely to move QQQ intraday. The S&P 500, Dow and Nasdaq Since 2000 Highs as of March 2026
• Negative Sentiment: The CPI print rose to 3.3% (highest in nearly two years)—in line with expectations—but elevated inflation keeps rate concerns alive, which typically pressures long-duration growth names in QQQ. CPI Inflation Rate Up Nearly +1%, As Expected
• Negative Sentiment: Several macro and market-commentary pieces warn of fragile conditions (GDP revisions, ceasefire risks, and weak bottom-up fundamentals), which could trigger pullbacks in QQQ if sentiment turns. Q4 GDP Revision And February PCE: Growth Revised Down, No Relief On Inflation

About Invesco QQQ

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

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